Tech Company Financing Transactions
Natural Fiber Welding Funding Round
Natural Fiber Welding, based in Peoria, secured $13 million from Ralph Lauren and private investors.
Transaction Overview
Company Name
Announced On
8/14/2020
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Undisclosed
Investors
Ralph Lauren (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
6533 N Galena Rd.
Peoria, IL 61614
USA
Peoria, IL 61614
USA
Phone
Undisclosed
Website
Email Address
Overview
As the supply of base materials, like petroleum, which are fundamental in the manufacture of synthetic materials, including polyester, continues to diminish, the world is facing a growing concern: continued growth and improvement of quality of life with limited access to key resources that are non-renewable, as well as harmful to the global environment.
Management Team
Title
Name
Email & Social
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About Database of VC Transactions
We document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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